Gauzy Ltd. announced its financial results for the second quarter ended June 30, 2025, on August 13, 2025. Revenues for the quarter were $20.1 million, a decrease from $24.4 million in the prior year quarter, primarily due to shifts in the timing of deliveries across multiple segments.
Gross profit for Q2 2025 was $4.3 million, down from $6.6 million in the prior year, resulting in a gross margin of 21.4% compared to 27.0% in Q2 2024. Net loss for the quarter improved to $10.7 million from $23.1 million in the prior year, mainly due to decreased financial and interest expenses.
Adjusted EBITDA for Q2 2025 was negative $8.7 million, compared to negative $3.9 million in the prior year quarter. Despite these figures, Gauzy reported a record backlog of purchase orders of $42.9 million at quarter-end and reaffirmed its full-year 2025 guidance for revenues between $130 million and $140 million and positive Adjusted EBITDA, anticipating a stronger second half of the year.
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